The financials group slipped 0.4 percent, with Bank of Nova Scotia down 0.6 percent at C$66.43 and Bank of Montreal off 0.7 percent at C$83.44. Financials account for more than a third of the index’s weight.

U.S. crude oil futures were up 0.4 percent and gold prices traded 0.6 percent higher, paring gains after mixed U.S. economic data muddied the waters on when the U.S. Federal Reserve may move to raise interest rates.

On the stock exchange in Toronto, the materials group, which includes precious and base metals miners as well as fertilizer companies, lost 0.6 percent.

Avigilon Corp, which sells video surveillance cameras, slumped 24.8 percent to C$10.04 after a string of analysts lowered their views on the stock after its quarterly results.

Shares in Alimentation Couche-Tard Inc rose 2.6 percent to C$61.65. The convenience store operator is in the lead to acquire U.S.-based CST Brands Inc, according to two sources familiar with the matter.

Canadian manufacturing sales rose in June to recover much of the previous month’s decline, led by gains in machinery and transportation equipment sales, data showed on Tuesday.